Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Issues Quarterly Earnings Results

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) announced its quarterly earnings results on Wednesday. The bank reported $0.16 EPS for the quarter, meeting the consensus estimate of $0.16, Yahoo Finance reports. The company had revenue of $62.90 million for the quarter, compared to analyst estimates of $32.30 million. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 12.00% and a return on equity of 4.31%.

Northfield Bancorp, Inc. (Staten Island, NY) Price Performance

Northfield Bancorp, Inc. (Staten Island, NY) stock opened at $11.50 on Friday. Northfield Bancorp, Inc. has a one year low of $6.98 and a one year high of $13.48. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.10 and a current ratio of 1.10. The business has a fifty day moving average of $11.73 and a two-hundred day moving average of $10.35. The company has a market cap of $496.69 million, a P/E ratio of 17.16 and a beta of 0.75.

Northfield Bancorp, Inc. (Staten Island, NY) Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date is Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio (DPR) is currently 77.61%.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods increased their price objective on Northfield Bancorp, Inc. (Staten Island, NY) from $9.50 to $11.25 and gave the company a “market perform” rating in a report on Tuesday, July 30th.

Northfield Bancorp, Inc. (Staten Island, NY) Company Profile

Northfield Bancorp, Inc (Staten Island, NY) operates as the bank holding company for Northfield Bank that provides various banking products and services primarily to individuals and corporate customers. It accepts various deposits products, including certificates of deposit, passbook, statement, and money market savings accounts; transaction deposit accounts comprising negotiable orders of withdrawal accounts, and interest and non-interest-bearing checking accounts; and brokered deposits.